G Mining Ventures Corp. has received a 20-year Mining License from the Guyana Geology and Mines Commission for its 100%-owned Oko West Gold Project. The license authorizes development, operation, and commercial gold production at the site, with the approval effective December 5, 2025. This marks the final major permitting milestone for the project, following the Final Environmental Permit obtained in September and the formal construction decision made in October. With all core regulatory requirements now complete, the company is advancing disciplined development activities as early works transition into full construction.
Pre-production open-pit mining is expected to commence in the first quarter of 2026, with initial fleet assembly already underway. The company's progress can be tracked through its corporate communications available at https://ibn.fm/GMINF. The Oko West Gold Project represents a key asset for G Mining Ventures as it works to capitalize on the value uplift from successful mine development. The company is positioning itself to grow into the next mid-tier precious metals producer by leveraging strong access to capital and proven development expertise. The project is located in Guyana, which the company describes as a mining-friendly and prospective jurisdiction.
This development follows the company's announcement of the formal construction decision in October, which was detailed in their official press release available at https://ibn.fm/RMknR. The mining license approval represents a significant regulatory hurdle cleared for the project, allowing the company to move forward with its development timeline. The company's current portfolio includes both the Oko West Gold Project in Guyana and the TZ Gold Mine in Brazil, with both projects located in jurisdictions considered favorable for mining operations.
The timing of the license approval allows G Mining Ventures to proceed with its planned construction activities and maintain its target of beginning pre-production mining operations in early 2026. The company's approach focuses on disciplined development and capitalizing on what it identifies as value uplift opportunities in precious metal projects. The 20-year license provides long-term operational certainty for the Oko West project, supporting the company's growth strategy in the precious metals sector. This regulatory clearance is critical as it eliminates a key uncertainty, enabling the allocation of capital and resources toward physical development with confidence in the project's legal standing for two decades.
The approval solidifies Guyana's position as an attractive destination for mining investment, potentially encouraging further exploration and development in the region. For G Mining Ventures, securing this license transforms the Oko West project from a permitted asset into an executable development plan, directly impacting the company's valuation and ability to attract financing. The milestone reduces project risk for investors and partners, as the company now holds all necessary authorizations to build and operate a commercial gold mine. This development is significant for the local economy in Guyana, promising job creation and economic activity tied to the mining sector's growth.
